Telesat invests $5 million in satellite terminal maker Farcast

Investing.comTuesday, November 4, 2025 at 1:49:37 PM
Telesat invests $5 million in satellite terminal maker Farcast
Telesat has made a significant move by investing $5 million in Farcast, a company specializing in satellite terminal technology. This investment not only strengthens Telesat's position in the satellite industry but also highlights the growing importance of advanced satellite communications. As demand for reliable connectivity continues to rise, this partnership could lead to innovative solutions that enhance global communication capabilities.
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